Torreon renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Torreon is about $668 per month. This puts it in the 39th percentile compared to the state average cost of rent, which is $961. Households in Torreon have a median income of $2,507 per month so the average renter in Torreon is spending roughly 27% of their earnings on housing.
Nationally, and in Torreon, home values are the data point most closely correlated with the cost of rent. The median price of a home in Torreon is $141,200 right now, which is higher than nearby cities, meaning that rents in Torreon also tend to be higher versus these nearby cities.
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